SasanSeifi

SasanSeifi 💁‍♂️XAUUSD👉1H 1924 / 1928 / 1932❗🟡

SasanSeifi Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hey there, buddy!✌

🔱In the one-hour timeframe, as you can see, after the drop, the price bounced back from around $1893/ $1900 with some buying pressure. And now, it's in a range after breaking above the $1917 level.

💹 Here's what we can expect in the one-hour timeframe: after some consolidation and a small correction, the price might move up towards the resistance levels at $1924, $1928, and $1932 with some positive fluctuations. Then, we could see the price getting rejected from those resistance levels. To understand the next move better, let's see how the price reacts to those resistance levels. But if the price breaks above the important $1935 resistance level and holds steady, there's a good chance of further growth. This scenario will be filled out. The possible trends have also been identified.

🔱Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
❎ (DYOR)...⚠️⚜️

🔹Wishing you loads of success in your trading adventures, my friend!✌️
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌

daily timeframe analysis 👇
Comment:
1H❗️ UPDATE
➖➖➖➖➖➖

🌀As you can see, the price has encountered selling pressure at the 1920 level and is currently trading in the price range of 1912. It is likely that the price will continue its correction and move towards the 1900 / 1907 level.💹
Comment:
▫️ So, the price had a little correction and dipped down to the 1910 level. but according to our first scenario. It managed to bounce back up from the 1912 level and has gone up by 100 pips since then.✅


🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗️
🔹Wishing you loads of success in your trading adventures, my friend!✌️

Comment:
1924✅
Comment:
✅🔥180pips

Well, as you can see, the price encountered buying pressure and managed to rally by approximately 180 pips, reaching the price range of 1930. The target of 1928 was also achieved. To better understand the continuation of the price movement, we need to observe the reaction of the price to the important supply zone of 1932/1935.‼❗

Comment:
1H/ UPDATE✅🔥 75 pips
➖➖➖➖➖➖

According to the proposed scenario, the price encountered a correction from the resistance levels.
🔹Wishing you loads of success in your trading adventures, my friend!✌️
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌


Follow Your Own Trading Plan!

😍 Join our free Telegram Channel for more analysis

🔱Telegram👉 t.me/Forex_Crypto_Signal_Free_VIP
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.